Post-closing claims against PE firms have shot up since the global financial crisis, causing cash to be held back from exits and IRRs to suffer. What does it mean for Asia?
Few thought that Oak Investment Partners and Gobi Partners' sale of Digital Media Group (DMG) in October 2009 was a particularly successful exit. Even fewer people suspected, however, that a dispute over...
Yi Capital, a Beijing-based VC firm founded by two former partners at CDH Investments, has closed its debut renminbi-denominated fund at RMB800 million ($116 million).
Ofo, a Chinese bike-sharing company that completed its $450 million Series D round of funding less than two months ago, has received a strategic investment of undisclosed size from Ant Financial, Alibaba Group’s financial services affiliate.
A consortium led by IMM Investment has agreed to pay KRW188.2 billion ($166 million) for a 25.54% stake in Korean cosmetics manufacturer Able C&C and launched a tender offer to secure control of the business.
DeClout, a holding company focused on developing IT and cloud computing technology providers, has launched a start-up incubator via its venture capital arm in Singapore.